Bitcoin Don Pass $118K, E Dey Trigger $3.7M Short Liquidations

Published: 2025-07-13 13:35:22 |

Bitcoin jump pass $118,000 ontop weekend, cause record liquidation tins for derivatives market. Inside 12 hours, traders lose $3.66 million for short positions against $197,660 for long—dat be 1,722% imbalance. Total 12-hour liquidation for all tokens na $55.54 million (shorts $34.16M; longs $21.38M), climb reach $191.17M for 24 hours (longs $123.56M; shorts $67.61M). BTC lead single-token liquidation with $3.86M, followed by XLM ($5.09M), ETH ($4.57M), XRP ($2.43M) and 1000BONK ($2.2M). CoinGlass yan talk say almost 97,264 traders liquidate for 24 hours, e get one $2M BTC/USDT position for Bybit. This Bitcoin short squeeze boost bullish momentum and show how volatile and risky e be to trade crypto with plenty leverage. E still important to dey monitor liquidation data for market feeling and risk handling.

Bullish

Di strong po short-squeeze wey Bitcoin breakout pass $118,000 dey push di market go higher short term. Forced liquidations worth $3.7M for short positions and record $191M total liquidations dey give fresh buying pressure. Dis one dey show strong bullish feeling among leveraged traders. Di Bitcoin rally also show say rapid reversals fit happen because of high leverage. For long term, di high liquidation risk and volatility mean say traders need disciplined risk management. Traders suppose dey watch liquidation data well well as real-time sentiment indicator and adjust leverage according to di situation.